Legal Question in Real Estate Law in Florida
closing a home
Two things one,Who is responsible for a second mortgage at closing of a home if it was missed.The other is can the people buying my house do the closing and the title search and be the one buying it?The urban house and denelopement is coming after me for a second mortgage not caught at closing.They have already taken or put on hold my tax return.And I was told that this didn't sound right.This was told to me buy a title company.Just would like to know before I get a attorney.
1 Answer from Attorneys
Re: closing a home
You are ultimately responsible for a Second Mortgage if not paid at closing. Check the HUD Statement to make sure the Second Mortgage was being paid out of closing and if it wasn't, then the problem will be the Title Company's. As to the other question, it depends on whether this was disclosed to you.